Ministry of Corporate Affairs, Government of India vide its circular no 2/2014 dated 11.02.2014 restricts the use of the word “National” in the names of Companies/ Limited Liability Partnerships (LLPs) unless it is a Government Company and the Central/State Government(s) has a stake in it. Similarly the word “Bank” & “Stock Exchange” or “Exchange” may be allowed in the name of an entity only when such entity/ promoters produces a “No objection Certificate” from the Reserve Bank of India (RBI) & Securities and Exchange Board of India (SEBI) respectively.
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